Quote:
Originally Posted by AZ-AlphaXi
the new RFM (release figure method) has a new formula which also takes into account the number of women likly to accept a bid from a chapter and restricts the number of preference inviations the strong recruiting chapter can issue even more that the old formula which was based more on statistical equality.
|
Do you know how it's calculated?
Demand forecasting is one of my areas of expertise, and I always thought the old system was flawed because a three-year average ignores trends. If your return rates over the last three years were 85%, 75%, and 65%, it's not likely this year will be 75%. The same is true for a chapter on the upswing.